Waste Biomass to Paper – a billion dollar industry
Categories: Ideas, Others & Diversified - Tags: paper, waste biomassThere is an emerging, large market opening up for those converting waste biomass into paper.
According to market research firm, Euromonitor, the global paper and paperboard market in 2010 was estimated to be worth US$320.3 billion.
It is expected to grow a further 21.8 per cent by 2015 to US$390.1 billion. The price of paper, paper products and pulp has been trending upwards since 2009.
Conventional industrial brown paper is made from a mix of 20 per cent softwood pulp and 80 per cent old corrugating cartons, which is a fairly costly way of making it.
On the other hand, raw empty fruit bunches (EFB) generated from the palm oil industry costs much less, representing a three-fold cost savings and profit for manufacturers who substitute EFB pulp for softwood-corrugating carton pulp.
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